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Federal Court of Justice attenuates management liability risks for payments made after the company’s insolvency

By Dr. Philipp Clemens The liability regime under Section 64 sentence 1 GmbHG and Sections 92 para. 2, 93 para. 3 Nr. 6 AktG for payments made after the company’s insolvency imposes severe personal liability risk on the management of limited liability companies and stock corporations. This does not only apply to the management of …

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Permanent link to this article: http://blogs.dlapiper.com/derestructuring/2016/03/15/federal-court-of-justice-attenuates-management-liability-risks-for-payments-made-after-the-companys-insolvency/